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Coping with the new normal: Hang Seng Bank launches fund to help NGOs train ‘future-ready’ Hong Kongers

Hang Seng Bank has partnered with the Hong Kong Social Services Council to launch a fund that will help individuals develop skills as “future-ready” members of the community.

The fund aims to equip grantees with “future skills” by providing support to non-governmental organizations that do not receive ongoing funding.

These “future skills” are theoretical and practical knowledge and skills necessary for all aspects of future life, including emotional and social intelligence, judgment and decision-making, creative thinking and analysis.

NGOs will have the opportunity to implement projects that will equip their users with skills ranging from financial and digital literacy to climate change awareness, so that these people could strengthen the entrepreneurship and competitive advantage of Hong Kong.

A total of 10 organizations will receive HK$220,000 to implement a one-year future skills project, two of which will receive additional funding of HK$50,000 based on a public vote.

“Hang Seng believes it’s vital that all segments of the community, especially disadvantaged groups, have equal opportunities to learn future skills,” said May Wong, corporate communications and sustainability manager. at Hang Seng Bank. “This will ensure our ability to build an inclusive, dynamic and sustainable society.”

“Hong Kong society is facing multiple challenges, especially amid the pandemic,” said Chua Hoi Wai, general manager of HKCSS. “Our society needs to be well prepared to face and cope with the changing new normal. We thank Hang Seng for establishing the Hang Seng Future Skills Fund in partnership with HKCSS, which is vital for small and medium NGOs.

NGOs can submit applications until April 25, 2022. The 10 selected NGOs and their projects will be announced in August 2022. Details are available on the HKCSS website.